- trading above cloud at lower intervals - 50 SMA broke above 100 SMA and 200 SMA earlier on lower intervals, bullish - just finished an h&s on lower intervals, but the neckline isn't bearish - staying above 0.5 fib on retrace, so bullish continuation likely - W bottom on bbands at 12H interval signalling bullish reversal... expect to see it tagging the upper bbands in near term future (~67k sats should be coming soon) - Broke into the cloud at higher intervals, edge-to-edge coincides with major resistance point of 78.8k sats (short term target) - If it breaks above 84k sats in the next week, it'll likely land somewhere above 100k sats on the low end
Setup invalidated. There's a longer term setup that still moons, but nowhere near as early as this one would have if bitcoin hadn't neutered this waves run.